Bookkeeping
Our advisors provide individualized services to help alleviate your financial uncertainty and stress. With many years of experience, our experts have the knowledge and expertise to handle any situation.
- Daily routine tasks
- Entering and verifying the entry of payments and receipts from bank
- Reconciliation and verification of the all bank, loan and credit card accounts
- Entering and verifying the entry of customer and supplier invoices into accounting software
- Emailing / communicating any queries related to the accounts for the period
- Ensuring the correct integration of different business systems into the accounting record, (for example point-of-sales systems or add-on solutions)
- Reporting Balance Sheet, Profit and Loss, other reports as required
- Invoice / Bills posting
- Payment allocation / receipting
- Accounts Receivable
- Accounts Payable
Accounts Receivable / Payable
End-to-End Accounts Receivables Services
- Sales orders processing
- Bookkeeping
- Invoicing and billing
- Invoice receipt verification
- Invoice reconciliation with payments
- Monthly Open Balance Statements to Customers
- Debtor Aging Report Preparation and Processing
- Payment follow-ups
- Credit Memo processing
- Customer reconciliations
- Credit Control Tools with Continuous Monitoring
- Customer help desk
- Dispute / Chargeback management
- Bad Debts/ Delinquency Management
- Recovery suites handling
End-to-End Accounts Receivables Services
- Checking invoice accuracy
- Inputting and coding invoices correctly
- Matching invoices and purchase orders
- Processing and paying invoices
- Following internal payment approval processes
- Scheduling payment runs
- Managing creditor enquiries for payment
- Processing employee expense claims
- Performing reconciliations
- Monthly reporting
- Working with required software
- Receivable / payable Reports
- Reporting outstanding debtors and creditors (if applicable)
Payroll
Payroll Management Services
- Setup employees in payroll system
- Prepare payroll weekly/fortnightly/monthly
- Monitor employee entitlements
- Lodge Tax File Number declarations
- Review, advise and lodge PAYG Withholding and Superannuation
- Reconcile End of Year wages
- Report, lodge and send employee payment summaries
- WPS Processing
- Accurate paydays
- Direct deposit
- Professional payroll processing- pay checks
- Secure employee access to payment records
- Vacation and sick pay tracking
- End of service entitlements calculations
Management Accounting
- Profit and loss statements
- Balance sheets
- Cash Flows
- BAS
- GST / VAT preparation & lodgement
- Variance reports
- Ledger Management
- Accruals & prepayment schedules
- Intercompany charges & reconciliations
- Budget Preparation / Reports
- Weekly / Monthly Progress Report
Month & End of Year
- Finalization of Books of Accounts
- Review end of month/ year reports
- Liaise with the accountant as to any End of month/year journals or adjustments
- Ensure essential and required business records are maintained and stored for the financial year
- Provide accountant with information as required for month/year-end
- If applicable, roll file over to the new month/financial year
- Financial Reports as per requirement
TaxPreparation & Filing
We Optimize your Tax Liabilities
- Tax Preparation Services
- Tax Filing Services
- Tax Liabilities Calculation
- Tax Accounting
- Tax vs Book Reports
- Income Tax Compliance Services
- GST / VAT / Sales TAX / Payroll Tax
Data Migration
What is migration in accounting?
Account migration is the process of transferring data associated with selected accounts from the data’s source database schema to a destination schema.
Accounting System & Integration
- Accounting Software Selection and Setup
- Integration with Third-Party Applications
- Training on usage of various Accounting Systems
- Software used: QB/QBO, Xero, Wave, Sage, MYOB, Peachtree and more